Hot Jobs at South African Reserve Bank

Detailed Description

The successful candidate will, among others, be responsible for the following key performance areas:

• Conduct research and provide input into the regulatory frameworks of the regulated financial institutions (e.g., the Banks Act 94 of 1990, Insurance Act 18 of 2017, Regulations relating to Banks, Prudential and Joint Standards, circulars, directives, guidance notes, etc.) to stay abreast of international best practices and developments surrounding credit risk.
• Ensure widespread knowledge and understanding throughout the PA of the concepts and developments in the field of credit risk.
• Analyze and interpret risk-based regulatory data submissions’ trends and patterns in large data sets.
• Generate insights through visual analytics, dashboards and/or reporting.
• Assist in the creation of forecasting and predictive analytics models.
• Ensure regulated financial institutions’ compliance with regulatory requirements applicable to credit risk.
• Review and evaluate the strategies, policies, procedures and practices related to the granting of credit and the ongoing management of the portfolios of regulated financial institutions.
• Contribute to risk-based meetings with regulated financial institutions and their auditors.
• Participate in the internal capital adequacy assessments (ICAAP) of banks and the own risk and solvency assessments (ORSA) of insurers.
• Assist other teams with other functions, as may be required from time to time, in line with the PA strategic and operational objectives.

Job Requirements

To be considered for this position, candidates must have:

• a relevant postgraduate qualification (NQF 8) in Accounting, Financial Management, Risk Management, Banking, Computer Science, Dara Science, or another relevant quantitatively focused degree; and
• two to five years’ relevant working experience in the financial, banking, insurance, financial regulatory sector or in risk management.

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Detailed description

The successful candidate will be responsible for the following key performance areas:

Provide actuarial support concerning both solo and group entities, this includes but is not limited to the following: 

• scrutinising the financial soundness of life insurers; and
• participation in on-site visits to life insurers.
• Scrutinise and check the compliance of submissions by life insurers.
• Assist in maintaining the statutory returns required by regulated entities.
• Participate in projects initiated within the PA and industry forums.
• Develop and test systems and procedures for internal use.
• Maintain and upgrade databases.
• Participate in and execute projects initiated within industry forums.
• Transfer knowledge and skills to stakeholders, both inside and outside of the PA.

Job requirements

To be considered for this position, candidates must:

• hold a relevant Postgraduate degree in Actuarial Science;
• be actively pursuing studies and ideally have passed or been exempted from at least two A-series subjects of the Actuarial Society of South Africa. Credit will also be given for passes in any of the more advanced subjects; and
• have two to five years’ relevant working experience in the life insurance industry.

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The successful candidatewill be responsible for the following key performance areas:

• Provide leadership and strategic direction to all the SARB Group security functions. 
• Monitor and advise on local and international developments regarding security threats, vulnerabilities and trends and implement appropriate counter measures.
• Lead and oversee the strategic SARB Group response to security incidents and exposures. 
• Provide capability to execute security operations. 
• Liaise with the relevant state security organs, including financial and cash sectors, on matters of strategic interest.
• Develop capable security staff and provide appropriate technology, processes and equipment that will facilitate optimal security services. 
• Provide and lead the implementation of strategies, policies, standards and compliance relevant to the activities of the SARB in respect of the cash industry.
• Direct and coordinate the department’s financial and budget to fund activities and increase efficiencies.

Qualifications

To be considered for this position, candidates must have:

• an Honours degree in Security, Security Risk Management or an equivalent NQF8 qualification; and
• 13−15 years’ experience in security, law enforcement and/or security risk management, preferably in a high-value asset sector, of which at least 6 years should have been in a senior general management position.  

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Detailed description

The successful candidate will be responsible for the following key performance areas:

• Provide operational supervision to the Head Office security teams in the execution of day-to-day security services to the SARB.
• Fulfil the team leadership function pertaining to on-the-job training, development and performance of Head Office operational security members.
• Provide input into governance documents for Head Office Security Operations to ensure operational compliance.
• Ensure compliance and implementation of policies, procedures and legislative requirements within the function.
• Plan and implement special security events held at Head Office. 
• Analyse and escalate management information to the Manager:  Head Office Security Operations for decision making. 
• Provide the security resources in support of the Head Office Security Operations function. 
• Manage the Fit-for-Deployment Programme for Head Office operational security members and ensure compliance to inherent minimum job requirements.
• Implement Head Office risk and vulnerability assessment recommendations and communicate such to the Manager:  Head Office Security Operations.
• Liaise with internal and external stakeholders in mitigation of any risks related to Head Office security operations.
• Ensure the operational fitness of advanced and basic equipment for Head Office security.
• Proactively broaden knowledge of own functional area, displaying willingness to make improvements in the unit (including methods and practices).

Qualifications

To be considered for this position, candidates must be in possession of:

• a Bachelor’s degree in Security Management, Security Risk Management or an equivalent/related NQF 7 qualification; 
• five years’ experience in a National Key Point security environment, with at least two years supervisory experience; and
• sound knowledge of the security industry, security systems and technology, facility operational security and relevant legislation.

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Detailed description

The successful candidate will be responsible for the following key performance areas:

• Develop and implement the business architecture practice, consisting of the following, but no limited to capabilities, value streams, products and business services in support of the business strategy.
• Develop the business capabilities aligned to the business strategies and in support of the SARB mandate.
• Develop the business capability landscape and provide scope and input into the enterprise and solution architecture teams for the creation of the other architecture domains.
• Identify and define key value streams.
• Develop and implement AS-IS (baseline) and TO-BE (target) business architectures.
• Perform capability-based planning and develop business-oriented roadmaps.
• Establish and maintain the Business Architecture Reference Models and framework.
• Develop and maintain business architecture domain principles.
• Collaborate with the various solution architecture, domain architecture and enterprise architecture teams in BSTD and across the Bank with relevant stakeholders.
• Implement and facilitate business architecture governance. 
• Provide technical guidance, coach and mentor relevant stakeholders on business architecture.

Job requirements

To be considered for this position, candidates must be in possession of:

• A post graduate qualification at NQF 8;
• Industry-specific certifications such as TOGAF 9.1 and SABSA Foundation or security industry certifications such as CISSP-ISSAP, GSE and CGEIT; and
• A minimum of 8-10 years’ experience in Business Architecture and/or Senior Business Analysis and /or Process Engineering and/or other Enterprise Architecture domain experience with a strong business focus.

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Detailed description

The successful candidate will be responsible for the following key performance areas:

• Lead and implement the strategic vision of the SARB Museum, ensuring its alignment with the broader objectives of the SARB. 
• Apply the target operating model, processes and standards to support efficient operations and governance across the museum’s services, including visitor experiences, events, exhibitions, educational outreach and programming, publications and public programming. 
• Oversee marketing, advocacy, outreach and communications for the museum, making effective use of multimedia platforms such as video, podcasts, social media and digital content production, to enhance visibility, storytelling and public engagement.
• Develop comprehensive schedules that outline agendas and desired outcomes for museum activities and projects, fostering engagement with both internal and external stakeholders.
• Evaluate the effectiveness of the museum’s programmes and projects and drive continuous improvements. 
• Manage relationships with a wide range of stakeholders, including the public, academic institutions, government entities and business, to enhance the museum’s profile, performance and impact. 
• Maintain a consistently high standard of customer service and excellence across all museum operations.
• Administer the museum’s budget and collaborate with other departments, where required. 
• Stay informed about advancements and innovations that could enhance museum projects and programmes.
• Coordinate research relevant for the museum’s needs, such as temporary exhibitions or podcast programming.
• Prepare quality reports, including monthly statistics to track the museum’s performance, operations and effectiveness.
• Ensure adherence to all relevant standards, policies, procedures and health and safety protocols as well as compliance with all legislative requirements related to the management of the museum.
• Manage and support the development and performance of the museum team, including interns, students and tour guides.

Qualifications

To be considered for this position, candidates must be in possession of:

• a Bachelor degree (NQF-level 7) in Museum Studies, Fine Art, Archaeology, Visual Arts or Heritage Studies or an equivalent qualification in a related field.
• six to eight years working in a museum, fine arts environment or art gallery.

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Detailed description

The successful candidate will be responsible for the following key performance areas: 

• Manage and monitor operational, corrective and preventive maintenance as well as the equipment replacement programme at the South African Reserve Bank’s (SARB) Cape Town Cash Centre, including the documentation and inventory of all systems.           
• Manage the work of all external service providers to ensure compliance with contractual agreements and budgetary requirements.           
• Identify and mitigate the risks associated with building operations, and plan and report accordingly to ensure good governance.     
• Ensure that the design and maintenance of the building systems meet the legislative as well as health and safety requirements.           
• Define and manage the installation of building systems and specify maintenance and operating procedures.
• Manage stakeholders and service level agreements by engaging and developing project contracts with external service providers.
• Manage and report on funds and budgets allotted to maintenance projects in the cash centre 
• Develop plans and apply techniques to optimise output and life cycle costs of all buildings and building equipment(systems).
• Take responsibility for continuous improvement of workflows and to optimise and manage technical resources
• Proactively broaden knowledge of functional area, displaying willingness to make improvements in own work, including methods and practices.     
• Manage the performance and development of technical staff.

Job requirements

To be considered for this position, candidates must have: 

•  a Bachelor’s degree (NQF7) in the Built Environment or Engineering, or an equivalent qualification. 
• a management qualification. 
• registration with the Engineering Council of South Africa (ECSA) or be a candidate thereof; and 
• at least five to eight years of experience in engineering or building maintenance, with at least two years in a supervisory role.

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Detailed description

The successful candidate will be responsible for the following key performance areas: 

• Engage in short-term planning and perform tasks independently against well-defined work instructions.
• Identify, evaluate and resolve routine and technical problems within a familiar context.
• Conduct fault finding on subsystems or equipment, determine components failures and perform first-line preventative and corrective maintenance.
• Test completed work and close-out job cards (work orders) related to maintenance and project work.
• Interpret work instructions and basic drawings related to construction, alterations, routine maintenance and operational projects.
• Apply national standards to maintain compliance with safety and health regulations.
• Perform basic quality assurance checks on work completed by external service providers to ensure adherence to specifications and industry standards and report any non-conformances to the supervisor.
• Prepare and submit daily reports using standard templates (job cards and non-conformance reporting), highlighting completed work and possible problem areas.
• Engage positively with stakeholders and clients, including addressing client complaints and compliments.
• Identify and address any gaps in own performance to meet required standards.

Qualifications

To be considered for this position, candidates must have:

• an N4 qualification;
• a national trade test qualification; 
• certification as a qualified boilermaker; 
• a driver’s licence; and
• up to two years’ discipline-specific experience.

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Qualifications

To be considered for the programme, candidates must:

• have completed or be in the process of completing a SAICA-accredited: 
• Certificate in the Theory of Accounting (CTA); or
• Postgraduate Diploma in Accounting (PGDA) or an equivalent qualification; and
• after passing the CTA or PGDA, must be eligible to write the Initial Assessment of Competence (IAC) Board examination;
• have an academic performance record average of at least 60%; and 
• be a South African citizen. 

Additional requirements include:

• strong analytical skills;
• attention to detail;
• good communication and interpersonal skills; and   
• be curious, self-motivated and resilient.

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Detailed description

The successful candidate will be responsible for the following key performance areas:

• Monitor financial market developments and analyse market pricing, flows and behaviour to identify emerging risks, shifts in expectations and potential sources of monetary or financial instability.
• Combine qualitative intelligence with quantitative data, models and surveys to produce clear analytical insights. 
• Research and implement relevant new methods, analytical techniques and best practices related to gathering, analysis and reporting of market intelligence.
• Engage directly with a wide network of external financial market participants, including banks, asset managers, insurers and infrastructure providers.
• Systematically gather, aggregate and challenge qualitative intelligence from market contacts, ensuring diversity of views.
• Maintain strategic relationships with key participants in the financial markets.
• Produce high‑quality written briefings, dashboards and presentations for senior policy forums, including the Monetary Policy Committee and Financial Stability Committee.
• Contribute directly to briefing packs and narrative used in MPC and FSC.
• Support the design, evaluation and communication of market operations and facilities. 
• Contribute to the design, execution and analysis of structured intelligence tools, combining survey data with broader market intelligence.
• Use survey results to assess market expectations, perceptions of policy and macroeconomic risks. 
• Collaborate with colleagues across the SARB to deliver on cross‑cutting analytical projects, horizon scanning exercises and longer‑term research agendas.
• Transfer knowledge and skills to junior specialists, which includes providing technical support and monitoring their progress.
• Assist with committee administration and provide secretarial support. 
• Perform ad hoc tasks.

Qualifications

To be considered for this position, candidates must be in possession of:

• an Honours degree (NQF8) in Economics, Finance, Financial Engineering, Statistics or related field or an equivalent combination of education and job-related experience; and 
• five to eight years of job-related experience in financial markets

The following will be an added advantage:

• strong understanding of financial markets and instruments
• demonstrated analytical skills, with the ability to synthesise complex qualitative and quantitative information into clear judgments;
• excellent written and verbal communication skills;
• ability to build credibility and relationships with external market participants;
• strong judgement and professional integrity when handling sensitive market information;
• knowledge of quantitative finance;
• proficient in Microsoft Office, R and/or Python; and
• proficient in data analysis.